Jun 30, 2021 • 5M

The Lebanese People Are In A Dire Situation

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To investors,

The situation in Lebanon has reached a boiling point. The Lebanese pound has been in a downwards spiral for more than 18 months now and the cost of goods and services has exploded for the average citizen. To put a number on it, the pound has depreciated almost 90% against the US dollar since January of 2020.

This type of depreciation and dev…

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